Author: MNK News
Chainlink (LINK) is once again in the spotlight across the cryptosphere after the launch of the first U.S. Chainlink-focused ETF sparked a sharp price rebound and renewed institutional interest. LINK surged more than 20% in 24 hours, trading around $14.4 as volumes and market participation accelerated. Related Reading Chainlink ETF Launch Sparks Strong Market Reaction Grayscale launched the GLNK ETF on December 2, converting its previous private Chainlink trust into a publicly traded product on NYSE Arca. The ETF opened with zero fees and recorded more than 1.17 million shares traded on its first day, far above historical averages. Trading…
The Department of Transportation under President Donald Trump is moving to reverse more of the climate policies that had been enacted by President Joe Biden. Under a proposed rulemaking by the National Highway Traffic Safety Administration, fuel efficiency standards for cars and light trucks in model year 2031 will be reduced to an average of 34.5 miles per gallon, down from the standard of 50.4 miles per gallon that was part of Biden’s plans to encourage more adoption of electric vehicles among US drivers.The move was expected since Trump re-took office. Transportation Secretary Sean Duffy ordered the NHTSA to review…
Nvidia CEO Jensen Huang praised President Donald Trump on Wednesday, telling podcaster Joe Rogan that “everything” the president “thinks through is very practical, common sense, and logical.” Jensen also credited Trump’s energy policy with saving AI, telling Rogan, “Without energy growth, we can have no industrial growth. And that was what saved the AI industry.” “President Trump is very different. He surprised me,” Huang told Rogan during Wednesday’s episode of The Joe Rogan Experience. “First of all, he’s an incredibly good listener. Almost everything I’ve ever said to him, he’s remembered.” Watch Below: “Yeah, people only want to look at negative stories about him,…
WASHINGTON (AP) — The Pentagon knew there were survivors after a September attack on an alleged drug boat in the Caribbean Sea and the U.S. military still carried out a follow-up strike, according to two people familiar with the matter.The rationale for the second strike was that it was needed to sink the vessel, according to the people familiar with the matter who spoke on the condition of anonymity because they weren’t authorized to discuss it publicly. The Trump administration says all 11 people aboard were killed.What remains unclear was who ordered the strikes and whether Defense Secretary Pete Hegseth…
the heldTron has emerged as one of the strongest performers during the latest market downturn, showing a level of resilience rarely seen among major altcoins. While most large-cap cryptocurrencies have suffered drawdowns of 40% or more since August, Tron has limited its losses to just 24%, outperforming nearly the entire altcoin sector. This relative strength highlights the network’s unique positioning and the steady demand it continues to attract despite broader market weakness. Related Reading A major factor behind this resilience is Tron’s growing dominance in the stablecoin ecosystem. According to data from Tronscan, shared by Lookonchain, Tether minted another 1…
Bungie and Sony Interactive Entertainment appear to have settled the plagiarism scandal that rocked Marathon before the game was indefinitely delayed in June 2025. Fern Hook, an artist who goes by the name “Antireal” online, posted on X that her issues with Bungie using her work without credit in Marathon have been resolved to her “satisfaction.”Marathon’s distinct art style is one of its charms, but as Hook claimed on X and Bungie later confirmed, a portion of the assets and textures featured in the game’s alpha were lifted from Hook’s work. At the time, Bungie announced that it was conducting…
Chris Pelnik, a former multi-unit Club Pilates franchise owner, has signed on to open up to 25 Glo30 locations as demand surges for aesthetics-driven wellness Glo30, a membership-based skincare studio franchise, is bringing on board seasoned franchise operator Chris Pelnik as it looks to build its presence across key North Carolina markets. The brand is betting on Pelnik’s proven health and wellness track record as a former multi-unit franchisee of Club Pilates to open up to 25 Glo30 locations in Raleigh-Durham and other North Carolina markets, including the Triangle, Triad, Mountain and Coastal regions. Glo30 is known for its high-tech…
The highly anticipated Fusaka Upgrade for Ethereum is on the verge of going live on Wednesday, heralding significant enhancements to the network’s overall functionality. Analysts contend that this pivotal development could usher in a considerable supply crunch for ETH, potentially boosting its price during a challenging period for the broader cryptocurrency market. Layer 2 Solutions To Boost ETH Burn According to analysts at Bull Theory, the Fusaka Upgrade integrates components from previous upgrades—Osaka, Fulu, and PeerDAS—but its most impactful feature is its resolution of one of Ethereum’s biggest challenges. Layers 2 (L2) solutions have long utilized Ethereum’s security while contributing…
Alan Dye, Apple’s Vice President of Human Interface Design, has been poached by Meta, Bloomberg reports. The designer played a pivotal role in the look and feel of Apple’s products since Jony Ive left the company in 2019, and now he’ll be taking his talents to Meta.Dye will reportedly work under Chief Technology Officer Andrew Bosworth as the head of a new studio that will oversee the design of hardware, software and AI products. Apple is replacing Dye with Stephen Lemay, Bloomberg reports, a senior designer at the company who’s worked on all of the company’s interfaces since 1999. Considering…
The Federal Reserve has officially brought its multi-year quantitative tightening program to a close, freezing its balance sheet at about $6.57 trillion after draining more than $2.3 trillion from the system since 2022. The Federal Reserve’s decision to formally end quantitative tightening has created a sense of anticipation across the crypto market. Liquidity inflows have shaped every major crypto cycle, and removing the multi-year drain on liquidity is expected to set the stage for healthier crypto market conditions and see the Bitcoin price push above $100,000 in the coming days. Policy Shift Meets A Market Still Searching For Direction The…